Art Posted February 8, 2006 Report Share Posted February 8, 2006 Euro Countries w/Coin Status Country Coinage Notes Austria 2002 Belgium 1999 Finland 1999 France 1999 Germany 2002 Greece 2002 Ireland 2002 Italy 2002 Luxemburg 2002 Monaco 2001 Netherlands 1999 Portugal 2002 San Marino 2002 Slovenia 2007 Spain 1999 Vatican 2002 Bulgaria 2011/2012 Cyprus 2008 Czech Republic Estonia 2008 Inflation concerns Hungary 2010+ Budget concerns Latvia 2009 Inflation concerns Lithuania 2009 Inflation concerns Malta 2008 Poland Romania 2014 Slovakia 2009 Last Updated on 2/03/2007 Link to comment Share on other sites More sharing options...
Art Posted February 8, 2006 Author Report Share Posted February 8, 2006 CoinWorld had a really nice set of articles about a few of the happenings with new countries coming on board with Euros. A lot of the info was new to me and so I decided to make this chart. Hope you find it useful. Please let me know if updates are needed. Link to comment Share on other sites More sharing options...
Tiffibunny Posted February 8, 2006 Report Share Posted February 8, 2006 Czech, Poland, Slovakia... Link to comment Share on other sites More sharing options...
joseluis13 Posted February 8, 2006 Report Share Posted February 8, 2006 Hello ART. In the yelow list you forget GREECE Link to comment Share on other sites More sharing options...
Art Posted February 8, 2006 Author Report Share Posted February 8, 2006 Hello ART. In the yelow list you forget GREECE Thanks. The book I was using didn't list Greece. I've updated the table. Link to comment Share on other sites More sharing options...
tabbs Posted February 9, 2006 Report Share Posted February 9, 2006 Cyprus please. Christian Link to comment Share on other sites More sharing options...
tabbs Posted February 9, 2006 Report Share Posted February 9, 2006 Czech, Poland, Slovakia... Consider the bright side: You'll get Czech bimets, Polish bimets, Slovakian bimets ... But there will be a couple of years until it actually comes to that. CZ and PL will certainly not introduce the euro any time soon. These two, and Hungary, are the only new member states that have not joined the Exchange Rate Mechanism. Besides, the collector coins will still be different from country to country, since they are not actually used for payments. Christian Link to comment Share on other sites More sharing options...
Tiffibunny Posted February 9, 2006 Report Share Posted February 9, 2006 Consider the bright side: You'll get Czech bimets, Polish bimets, Slovakian bimets ... Link to comment Share on other sites More sharing options...
Art Posted February 9, 2006 Author Report Share Posted February 9, 2006 Cyprus please. Christian Fixed. I don't know how that happened. Link to comment Share on other sites More sharing options...
Art Posted February 9, 2006 Author Report Share Posted February 9, 2006 Some of the potential designs they showed in CoinWorld are outstanding. Link to comment Share on other sites More sharing options...
tabbs Posted February 9, 2006 Report Share Posted February 9, 2006 Don't get CoinWorld but yes, some designs are promising. Others are a little boring, particularly those that basically use the same design for each denomination. The "new" EU countries that take part in the Exchange Rate Mechanism (ERM-II) have all chosen their euro designs (or design themes) already: Cyprus (themes) http://www.centralbank.gov.cy/nqcontent.cf...id=2775&lang=en Estonia (designs) http://www.eestipank.info/pub/en/majandus/...vand2/hara.html Latvia (themes) http://www.bank.lv/eng/main/lvnaud/latnaud/index.php?37226 Lithuania (designs) http://www.lb.lt/eng/banknotes/coins_eur.html Malta (themes) http://mfin.gov.mt/page.aspx?site=NECC&page=coinconsultation Slovakia (designs) http://www.nbs.sk/PRESS/PLAGAT_A_3.PDF Slovenia (designs) http://www.bsi.si/html/eng/projects/euro/index.html Slovenia will not have any big problems meeting its euro schedule; the country can probably introduce the euro cash on 1 January. Lithuania and particularly Estonia may have to wait due to their high inflation rates, but of course this is also a political issue. The others won't join in 2007 anyway. Another place that may issue euro coins in the future is Andorra. The country is not an EU member but uses the euro. The government is basically interested in coming to a monetary agreement with the EU, similar to those that Monaco, San Marino and the Vatican have. That would allow Andorra to mint a certain contingent of euro coins (see http://www.andorra.be/fr/index.htm - "ANDORRE ET L'UE" section). But I don't think this has a very high priority, neither for Andorra nor for the European Union, so it may take quite a while. Christian Link to comment Share on other sites More sharing options...
tabbs Posted February 9, 2006 Report Share Posted February 9, 2006 Also, the "maps" on the common sides of the euro and cent coins currently show the European Union as it was before the May 2004 enlargement. The EU decided in 2005 that the new map will simply show Europe, regardless of which countries are in the currency union or the European Union (see http://coinpeople.com/index.php?showtopic=5651 ). This is what, for example, the 1 euro and 10 cent coins will look like: However, the new designs will not be used until the first new member state introduces the euro. The current euro countries are not obliged to "switch maps" at the same time, but it would make sense to do so ... Christian Link to comment Share on other sites More sharing options...
joseluis13 Posted February 11, 2006 Report Share Posted February 11, 2006 On the green list. United Kingdom, Danmark and Sweden ?? They are not yet euro countries but ...., they are EU countries. Link to comment Share on other sites More sharing options...
tabbs Posted February 11, 2006 Report Share Posted February 11, 2006 On the green list. United Kingdom, Danmark and Sweden ??They are not yet euro countries but ...., they are EU countries. Adding Denmark and the UK does not make sense; the two countries opted out. (The odd thing is that the Danish krone is "tied" to the euro via ERM-II, and with an even narrower fluctuation band than any of the other currencies.) Sweden is a slightly different case - the country can not actually opt out (since it joined the EU after the Maastricht Treaty became effective). But obviously it has no intention to join, and thus does (willingly) not meet the euro criteria ... So I would leave these three out. They do not have anything to do with the currency union. Christian Link to comment Share on other sites More sharing options...
Art Posted February 11, 2006 Author Report Share Posted February 11, 2006 I'm really trying to build a table of the countries that are actually issuing Euro coins and/or banknotes. Sort of a collector's checklist. Can anyone furnish the dates that each of the participants first issued their Euro coins? Link to comment Share on other sites More sharing options...
tabbs Posted February 12, 2006 Report Share Posted February 12, 2006 Can anyone furnish the dates that each of the participants first issued their Euro coins? Sure. Austria 2002 Belgium 1999 Finland 1999 France 1999 Germany 2002 Greece 2002 Ireland 2002 Italy 2002 Luxembourg 2002 Monaco 2001 Netherlands 1999 Portugal 2002 San Marino 2002 Spain 1999 Vatican 2002 These are the earliest dates you will find on the coins; the pieces were actually issued to the general public (starter kits) in mid-December 2001. Christian Link to comment Share on other sites More sharing options...
Art Posted March 11, 2006 Author Report Share Posted March 11, 2006 Update table with dates of first issue of coins that Tabbs posted. This will help in my layout for my 2€ collection. Link to comment Share on other sites More sharing options...
tabbs Posted April 13, 2006 Report Share Posted April 13, 2006 It is pretty clear now that Estonia will not introduce the euro next year; according to a preliminary estimate of the European Commission (Vienna meeting, 7 April) only Slovenia will "switch" on 1 January. These are the EU countries that participate in the Exchange Rate Mechanism (ERM-II) and the estimated dates - in the sense of "not before ..." - for introducing the euro: Slovenia - 2007 Cyprus - 2008 Estonia - 2008 Lithuania - 2008 Malta - 2008 Latvia - 2009 Slovakia - 2009 Other EU member states and their status: Czechia - may introduce the euro some time after 2010 Denmark - joined the EU before the Maastricht Treaty and "opted out" of the common currency, but the Danish krone participates in ERM-II with a very narrow fluctuation band Hungary - may introduce the euro some time after 2014 Poland - may follow the Swedish model Sweden - has willingly not met the stability criteria so far (referendum about the euro in 2003, with a "No" majority) UK - joined the EU before the Maastricht Treaty and "opted out" of the common currency Bulgaria and Romania are likely to join the EU in 2007 but will not introduce the euro for quite a while. Christian Link to comment Share on other sites More sharing options...
Tiffibunny Posted April 13, 2006 Report Share Posted April 13, 2006 Hungary - may introduce the euro some time after 2014Poland - may follow the Swedish model I love zlotys! Link to comment Share on other sites More sharing options...
tabbs Posted April 13, 2006 Report Share Posted April 13, 2006 Since I live close to Belgium and the Netherlands, but far away from Poland, I don't really care about what currency they use over there. But after the kind of flexible approach concerning the initial euro countries, the EU (Commission, Council and the ECB) now follows a stricter policy. Which is why Estonia won't be "in" next year and Lithuania is a borderline case. Guess that will also affect other future "candidates" ... Christian Link to comment Share on other sites More sharing options...
ikaros Posted April 14, 2006 Report Share Posted April 14, 2006 Czech, Poland, Slovakia... I'm with you--especially as Poland's concerned. I'll miss the zloty. I just hope Poland keeps up the stunning designs they're so good at... I still find a Europe without the mark, the franc, the lira, the drachma, a little inconceivable. Link to comment Share on other sites More sharing options...
tabbs Posted April 14, 2006 Report Share Posted April 14, 2006 I'm with you--especially as Poland's concerned. I'll miss the zloty. Don't worry, the zloty is there to stay. Especially with the current Polish government, and even more so with its new coalition partner ... but I guess that does not belong in here. Well, the European Union does not force any country to join, and won't keep any from leaving. And of course it won't force any country to be in the currency union. The currency union as it is, with just some of the member states participating, basically works fine, I think. (Whether it has a long term perspective under the current conditions is another question.) Countries that want to join, and meet the convergence criteria, can join. Countries that either do not want to join, or do not meet those criteria, stay out. Does not seem to be a problem. I still find a Europe without the mark, the franc, the lira, the drachma, a little inconceivable. Maybe we can set up a special "Quaint Old Europe" theme park somewhere - with border checks every few kilometers, and separate currencies for each attraction or ride. Christian Link to comment Share on other sites More sharing options...
tabbs Posted May 16, 2006 Report Share Posted May 16, 2006 Today the European Commission (EC) and the European Central Bank (ECB) presented their convergence reports for Lithuania and Slovenia. In both countries the government plans to introduce the common currency on 1 January - but only Slovenia got the "go ahead" from the Commission today. Here is some info in English, from the Commission and ECB websites: Commission Recommendation: Slovenia http://www.europa.eu/rapid/pressReleasesAc...&guiLanguage=en http://ec.europa.eu/economy_finance/public...slovenia_en.htm Commission Recommendation: Lithuania http://www.europa.eu/rapid/pressReleasesAc...&guiLanguage=en http://ec.europa.eu/economy_finance/public...ithuania_en.htm ECB Convergence Report http://www.ecb.eu/press/pr/date/2006/html/pr060516.en.html (press release) http://www.ecb.eu/pub/convergence/html/index.en.html (full report) The European Council will decide in June or July. It does not necessarily have to follow these assessments and recommendations. Christian Link to comment Share on other sites More sharing options...
tabbs Posted May 23, 2006 Report Share Posted May 23, 2006 (updated, see below) Link to comment Share on other sites More sharing options...
tabbs Posted November 13, 2006 Report Share Posted November 13, 2006 The European Commission has just (10 November) presented its new euro area enlargement report. Nothing really new in there, but a few dates may be interesting ... Slovenia will introduce the euro in about six weeks, on 1 January. For two weeks, both tolar and euro cash can then be used for payments. 1-Jan-2008 is the euro introduction date that Cyprus and Malta currently aim at. As for the other countries, here are the dates in brief: Czech Republic: no target date specified* Estonia: 2008 (but that is not very likely, C.) Latvia: 2008 (ditto, C.) Lithuania: no target date specified* Hungary: no target date specified* Poland: no target date specified* Slovakia: 2009 Sweden: no target date specified* (* That practically translates to "some time after 2010". Or maybe never; see my previous replies here. As for Cyprus and Malta, the Commission and the Council will decide next year whether the two can join or not.) Fourth report on the practical preparations for the future enlargement of the euro area http://ec.europa.eu/economy_finance/public...671final_en.pdf Christian Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.